IIFT International Business and Management Review Journal
Thi Phuong Diu Tran1
1Academy of Finance, Hanoi, Vietnam
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Vietnam has seen a rapid increase in average wages in recent years, far exceeding the average increase in Southeast Asia. However, labour productivity has been slow to improve, significantly impacting the competitiveness of the economy. This article focuses on analysing the current state of labour costs in Vietnam and the factors affecting labour costs in enterprises, thereby offering some policy recommendations to improve labour costs in enterprises in the coming years.
Labor costs, enterprises, labor productivity, policy recommendations, Vietnam
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